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How Increasingly Digital Life can Boost Small Business Access to Finance in Asia
Pacific Exchanges
English - August 24, 2018 10:00 - 29 minutes - 27.3 MB - ★★★★★ - 11 ratingsGovernment asia fintech regulation economics finance Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
In this episode, we revisited the topic of fintech in Asia by interviewing Sean Creehan, a senior analyst and our colleague here in the Country Analysis Unit. We talked with him about a recent paper he wrote on the how digital innovation can improve financing for small- and medium-sized enterprises (SMEs) in Asia.
Sean helped us understand why SMEs, despite their essential role, receive a disproportionately small share of credit from the financial system. We also unpacked the many ways in which new financial technologies and innovative business models can boost SME access to credit and enlarge the pie of economic growth in Asia.
The views expressed are not necessarily those of the Federal Reserve Bank of San Francisco or of the Federal Reserve System.